3Q18 Fixed Income Presentation

1. Fixed Income

5. Fixed Income Presentation / 4

11. (3)

12. 9M18 Net attributable profit(2)
(constant €)

13. 9M18 Net attributable profit(1)
(constant €)

23. 4.5%
T2: 2.0%
AT1: 1.5%
0.563%
1.875%
1.5%
2018 CET1 SREP 2018 Total Capital
Requirement SREP Requirement
BBVA Group Total
capital ratio phased-in
Sep.18

29. 


30. •
•
•

36. 1.8
4.6
0.9 1.0
4.8
2020 2021 >=20224Q18 2019
Covered Bond
Securitization
Subdebt
Senior
Syndicated loans
Other





40. Sep-16 Sep-17 Sep-18

45. RWA € 343,051 m € 198,805 m RWA €343,271 m € 199,033 m

46. 1.875%
1.5%
4.5%
T2: 2.0%
AT1: 1.5%
2018 CET1 SREP 2018Total Capital
Requirement SREP Requirement
BBVA, S.A. Total
capital ratio phased-in
Sep.18

47. Issuer Product Issue Date Call Date Maturity
Nominal
currency
Coupon Isin
Issuer Product Issue Date Call Date Maturity
Nominal
currency
Coupon Isin
BBVA SA AT1 Sep-18 Sep-23 Perp € 1,000 M 5.875% ES0813211002
BBVA SA Tier 2 May-18 - May-33 $ 300 M 5.25% XS1824263260
BBVA SA SNP May-18 - May-25 € 1,000 M 1.375% XS1820037270
BBVA SA SNP Mar-18 - Mar-23 € 1,500 M 3ME+ 0.60% XS1788584321
BBVA SA SNP Nov-17 - Nov-23 € 150 M 3ME+0.67% XS1724512097
BBVA SA AT1 Nov-17 Nov-27 Perp $ 1,000 M 6.125% US05946KAF84
BBVA SA SNP Nov-17 - May-28 € 140 M 1.72% XS1712061032
BBVA SA SNP Sep-17 - Sep-22 € 1,500 M 0.75% XS1678372472
BBVA SA AT1 May-17 May-22 Perp € 500 M 5.875% XS1619422865
BBVA SA Tier 2 May-17 - May-27 CHF 20 M 1.60% XS1615673701
BBVA SA Tier 2 May-17 - May-27 € 150 M 2.541% XS1615674261
BBVA SA Senior Unsec Apr-17 - Apr-22 € 1,500 M 3ME+0,60% XS1594368539
BBVA SA Tier 2 Mar-17 Mar-27 Mar-32 $ 120 M 5.700% XS1587857498
BBVA SA Tier 2 Mar-17 - Mar-27 € 53.4 M
fixed 3% (2 yr) -floating
CMS10y + 1.30% (8 yr)
XS1579039006
BBVA SA Tier 2 Feb-17 - Feb-32 € 165 M 4.000% XS1569874503
BBVA SA Tier 2 Feb-17 - Feb-27 € 1,000 M 3.50% XS1562614831
BBVA SA Senior Unsec Jan-17 - Jan-22 € 1,000 M 0.625% XS1548914800
Issuer Product Issue Date Call Date Maturity
Nominal
currency
Coupon Isin
Garanti Tier 2 May-17 May-22 May-27 $ 750 M 6.125% XS1617531063
Garanti
Issuer
Senior Unsec
Product
Mar-17
Issue Date
-
Call Date
Mar-23
Maturity
$ 500 M
Nominal
currency
5.875%
Coupon
XS1576037284
Isin
Compass Senior Unsec Jun-18 May-21 Jun-21 $ 1.150 M
Fiexd 3.5%
FRN 3ML+73bps
US20453KAC99
US20453KAD72
Compass Senior Unsec Jun-17 May-22 Jun-22 $ 750 M 2.875% XS1617531063
Bancomer Tier 2 Jan-18 Jan-28 Jan-33 $ 1,000 M 5.125% US05533UAF57

48. Product
Issue
Date
Redemption
Outstanding Outstanding
currency (M) € (M)
Coupon
AT1 May-13 May-18 $ 1,500 M 1248 9.00%
Tier 2 Feb-07 Feb-18 € 257 257 3ME+0.80%
Tier 2 Oct-05 Jan-18 € 99 99 3ME+0.80%
Preferred Apr-07 Apr-17 $ 600 499 5.919%
Preferred Sep-06 Mar-17 € 164 164 3ME+1.95%
Preferred Sep-05 Mar-17 € 86 86 3ME+1.65%
Tier 2 May-07 May-17 $ 500 416 6%
Tier 2 May-07 May-17 PEN 40 11 5.85%
Tier 2 Jun-03/04 Sept/Oct-17 $ 100 83 3ML+2.81%

49. ´